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Originally Posted by SCUDSBROTHER
I DON'T HAVE DEBT. What will happen? Americans will have to start to live with discipline. Americans need to try it. THIS BILL FAILED, because we are not for pissing away the value of our savings just to socialize the losses of crooks, and people that gambled in the stock market. Be responsible next time. We don't want to socialize these losses. That's just the way it is. If you can't get new loans, then don't buy it. Revolutionary!! We need to correct the way Americans act with money. Start.
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you don't pay a car note, own a house with a mortgage? i have very little debt myself, but i have some all the same. you can make debt work for you-i mean, who can save the tens of thousands of dollars it takes to buy a house so as to avoid a mortgage?
and go tell all the autoworkers they're all out of work, as no one can borrow. yeah, that'll make their day.
and everyone who has a 401k is in the stock market to some degree.